ZIP Code · AZ

ZIP 85035

Part of Phoenix, AZ
Pop. 53,424·Maricopa County·161st most expensive ZIP in Arizona
Median rent (all units)
$1,354/mo
Year-over-Year
Stable
Month-over-Month
-0.4%
vs US Median
-$611
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 85035 · $1,354
More affordable than 83% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,260
1 BR
$1,370
2 BR
$1,590
3 BR
$2,120
4 BR+
$2,350
Research median
$1,590/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$16,248/yr
At $1,354/mo median
Location
StateAZ
CountyMaricopa County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-0.1% YoY, -0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 85035 (Phoenix, AZ) is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 8.6% of residents hold a bachelor's degree or higher.

Population
53,424
Median income
$60,440
Median age
27.4
Renters
53.4%
Age distribution
33%
29.3%
23.3%
Under 1833%
18–3429.3%
35–5423.3%
55–647.9%
65+6.4%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
18.3%
77.4%
White18.3%
Black9.4%
Hispanic77.4%
Asian1%
Education (25+)
33.9%
36.4%
21.1%
No HS diploma33.9%
HS diploma36.4%
Some college21.1%
Bachelor's+8.6%
Housing tenure
46.6%
53.4%
Owner46.6%
Renter53.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 85035 in Phoenix, AZ has changed in 5 years

Rent
$1,194 → $1,354
up 13.4%
Income
$48,632 → $60,440
up 24.3%
Population
54,524 → 53,424
down 2.0%
Renter share
54.7% → 53.4%
-1.3 pts
Bachelor's+
7.9% → 8.6%
+0.7 pts
Median age
26.5 → 27.4
+0.9 yrs

Across the past five years, the going rent in ZIP 85035 in Phoenix, AZ has shifted from $1,194 to $1,354, up 13.4% since 2021. Household income in the area moved from $48,632 to $60,440 across the same window, up 24.3% versus 2021. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 85035 in Phoenix, AZ losing about 1,100 residents over the five-year window, down 2.0% on net. Reading these numbers side by side helps frame whether current listings in ZIP 85035 in Phoenix, AZ look reasonable against where the market sat half a decade ago.

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Local insights

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About renting in ZIP 85035

Last updated: July 20, 2026

ZIP code 85035 covers Phoenix, AZ. The median rent here is $1,354/mo as of July 2026. A 1-bedroom rents for a median of $1,370/mo. A 2-bedroom rents for a median of $1,590/mo.

At 27% of local median household income ($60,440/yr), ZIP 85035 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 85035?

As of July 20, 2026, the median monthly rent in ZIP 85035 (Phoenix, AZ) is $1,354. This is based on aggregated data from public sources and community submissions.

How does ZIP 85035 rent compare to the US average?

ZIP 85035's median rent of $1,354/mo is $611 (31%) below the US national median of $1,965/mo.

How does ZIP 85035 compare to other ZIPs in Arizona?

ZIP 85035 is among the more affordable ZIP codes in Arizona, ranking #161 out of 185 ZIPs at $1,354/mo.

How much income do you need to rent in ZIP 85035?

To keep rent at or below 30% of gross income, you would need to earn at least $54,000/year (~$26/hour full-time) to afford the median rent of $1,354/mo in ZIP 85035. The local median household income is $60,440/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 85035?

Rent in ZIP 85035 has been relatively stable over the past year, with a 0.1% change year over year as of July 20, 2026.

Is ZIP 85035 an affordable place to rent?

ZIP 85035 is considered affordable for renters. At $1,354/mo, rent takes approximately 27% of the local median household income ($60,440/yr). The standard benchmark is 30%. ZIP 85035 falls comfortably within that range.

What percentage of ZIP 85035 residents rent vs. own?

According to Census data, approximately 53.4% of ZIP 85035 households are renters, while 46.6% are owner-occupied. With a majority renter population, ZIP 85035 has a strong rental market.

How does ZIP 85035 compare to the rest of Phoenix?

ZIP 85035 is more affordable than Phoenix overall. At $1,354/mo, it's $215 below the Phoenix citywide median of $1,569/mo.

When was rent data for ZIP 85035 last updated?

Rent data for ZIP 85035 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $1,354/mo, rent takes ~27% of ZIP 85035's median household income ($60,440/yr). The standard benchmark is 30%.

ZIP 85035 27%Benchmark 30%
State income tax2.5%
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